The level of 11,620-11,690 on the upside is likely to act as a resistance, and on the downside; the level of 11,420-11,370 is important support. Stocks in news: HCL Technologies, RITES, IRCTC, Cadila Healthcare.

The Indian markets are likely to open the session with a negative bias as SGX Nifty is trading down by 39.50 points at 11,479.50.

Considering the daily timeframe, the stock of Bayer CropScience has given a downward sloping trendline breakout, formed by connecting swing highs from August 2020. Further, this breakout is confirmed by the above 50-day average volume.

The stock of Can Fin Homes Ltd has formed a ‘three inside down’ candlestick pattern on the daily timeframe. The three inside down pattern represents a confirmation of the bearish harami pattern, which indicates that the forecast is successful.

Chemcon Speciality Chemicals, a speciality chemical company serving to pharmaceutical and oilfield sector, is hitting the primary capital market with its IPO. Read on to find if you should subscribe to the issue.  

CAMS, a technology-driven financial infrastructure and services provider to the financial sector is hitting the primary capital market with its IPO. Read on to find if you should subscribe to the issue.  

Recently, Cochin Shipyard did a successful order booking for two automated vessels from Norwegian Government. These will be the first-of-its-kind unmanned vessels.

New Fund Offers (NFOs) that are open for subscription.

During Friday’s trading session, even as Sensex and Nifty closed negative, the stock of Natco Pharma was at 52-week high.

You can determine a company’s value (and also, the value of its stock) in many ways. The most basic way is to look at the company’s market value, also known as market capitalisation (or market cap).